Darrell Sherman - 01 Mar 2022 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2022, 20:35:52 UTC
Prior SEC filing
22 Feb 2022
Next SEC filing
07 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Darrell Sherman

Key filing fact

Darrell Sherman filed Form 4 for Taylor Morrison Home Corp (TMHC) on 03 Mar 2022.

Key facts

  • This page summarizes Darrell Sherman's Form 4 filing for Taylor Morrison Home Corp (TMHC).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2022, 20:35.

Change

  • Previous filing in this sequence was filed on 22 Feb 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TMHC transaction

Common Stock

Award

Transaction value
$0
Shares
+14,846
Change %
+14%
Price
$0.000000
Shares after
119,879
Date
01 Mar 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TMHC transaction Derivative

Performance-based restricted stock units

Award

Transaction value
Shares
+6,982
Change %
+89%
Price
Shares after
14,846
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,982
Exercise price
Footnotes
F2
TMHC transaction Derivative

Performance-based restricted stock units

Options Exercise

Transaction value
Shares
-14,846
Change %
-100%
Price
Shares after
0
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,846
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 19, 2019, under Issuer's 2013 Omnibus Equity Award Plan, as amended. Upon vesting, each PSU is settled in a share of the Issuer's Common Stock.

Footnote F2

On February 19, 2019, the Reporting Person received a grant of PSUs representing 10,451 shares of the Issuer's Common Stock (at target). The PSUs cliff vest at the end of a three year performance cycle, generally subject to the Reporting Person's continued employment through the applicable vesting date, with the number of PSUs earned and issued determined based on achievement of return on net asset performance objectives approved by the Issuer's compensation committee for each year of the performance cycle. The compensation committee determined that the objectives for the third tranche (2021) were achieved at a level resulting in 6,982 PSUs being earned by the Reporting Person on March 1, 2022, subject to satisfaction of the vesting conditions for such grant.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .